国际银价突破67美元/盎司 受到多种因素带动，今年以来国际白银价格不断刷新价格高位。截至12月19日收盘，伦敦银现价格突破 67美元/盎司，当日涨幅2.44%，再创历史新高，年内累计涨幅达到132.11%，是同期伦敦金现涨幅的2倍 以上。 白银作为催化剂、导电触电材料以及抗微生物剂等，被广泛应用在电子、可再生能源以及医疗卫生等工 业主要增长领域。白银最重要的特性在于它的高导电性，这一特性对许多行业至关重要：它能提高太阳 能电池板的能量转换效率；加快数据中心的数据处理速度；还能让电动汽车实现快速充电和高效电力传 输。 据央视网，业内分析来看，本轮银价上涨是供需格局失衡、美联储连续降息，以及全球资金集中涌入等 因素共同作用的产物。 世界白银协会最近发布的报告显示，受全球对电动汽车和人工智能(AI)数据中心的投资拉动，工业领域 的白银需求在过去4年增加约18%，而工业用途约占白银总需求的50%。该机构预计，2025年全球矿山 仅能生产约8.13亿盎司的白银，较2021年产量略低。此外，全球资产大量涌入以白银为支撑的交易所交 易产品，进一步强化银价上涨趋势。 （原标题：历史罕见，601088，千亿级重大收购！一路狂飙 ...

Core Viewpoint - International silver prices have reached record highs this year, driven by various factors, with a significant increase in investment demand and low inventory levels [1] Group 1: Silver Price Performance - As of December 19, the London silver spot price surpassed $67 per ounce, marking a daily increase of 2.44% and a year-to-date increase of 132.11%, which is more than double the increase in London gold prices [1] - The average increase in silver concept stocks has reached 79.41% this year, significantly outperforming the Shanghai Composite Index [1] Group 2: Investment Demand and Market Dynamics - Morgan Stanley believes that investment demand for silver will continue to dominate the market, suggesting a potential short squeeze in the spot market due to low inventory levels [1] - Four silver concept stocks have seen year-to-date increases exceeding 100%, specifically Xingye Silver (000426), Shengda Resources (000603), Jiangxi Copper (600362), and Chifeng Gold (600988) [1]

工业金属板块短线走低，盛达资源、鹏欣资源、精艺股份、白银有色、株冶集团等走低。 ...

Group 1: Investment and Acquisition Strategy - The company has acquired a 60% stake in Jinshi Mining, with plans to potentially purchase an additional 20% stake in the future through cash or share issuance [4] - The acquisition aligns with the company's strategic planning to enhance its quality mineral resource reserves and market competitiveness [3] - The company prioritizes cost-effectiveness and risk resistance in project selection, aiming for collaborative development rather than high-premium acquisitions [3] Group 2: Mining Operations and Production Plans - Jinshi Mining's copper-molybdenum mine is expected to have a significant production capacity, with specific output data to be confirmed post-production [2] - The company is focusing on the 460 Gaodi copper-molybdenum mine, with plans to explore and develop additional gold deposits in the future [6][7] - The East Sheng Mining's Bayan Ula silver polymetallic mine is projected to produce 250,000 tons per year, with silver grades averaging 284.90 grams per ton [11] Group 3: Financial Management and Cost Control - The company has stable cash flow and plans to finance mining construction through self-funding and potential loans from financial institutions [5] - Management expenses have increased due to ongoing mining projects and reduced revenue from non-ferrous metal trading, but costs are expected to decrease as new mines come online [13] Group 4: Future Outlook and Market Considerations - The company is exploring overseas acquisitions, considering various factors such as resource availability, pricing, and geopolitical risks [10] - The company aims to stabilize its operations and expand its scale before pursuing international opportunities [10] - Future silver production is expected to increase as new mining projects are completed and operational [11]

Group 1 - Precious metals sector experienced a significant upward movement in the afternoon on December 17, with notable gains in stocks such as Xingye Silver Tin and Shengda Resources, both rising over 6% [2] - Other companies in the precious metals industry, including Shanjin International, Hunan Silver, Chifeng Gold, and Zhongjin Gold, also showed strong performance with substantial increases in their stock prices [2]

Group 1: Global Monetary Policy and Economic Conditions - The global monetary policy is shifting towards easing, with a significant increase in the proportion of central banks cutting rates from 13.33% in October 2022 to 85.33% in October 2025, indicating a transition from a tightening to an easing cycle [1] - The expansion of central bank balance sheets suggests a potential re-initiation of quantitative easing (QE), with the contraction rate of major central banks' balance sheets narrowing from -11.16% in April 2024 to -0.89% in October 2025 [2] - Historical data shows that during previous QE periods, commodity price indices, including energy and metals, experienced significant increases, with energy indices rising by 131.88% and metal price indices by 55.29% from 2020 to 2022 [2] Group 2: Precious Metals Market Dynamics - The geopolitical risk index has reached its third-highest level since the 1973 Middle East War, significantly increasing the safe-haven premium for precious metals like gold [3] - Gold prices are expected to trend upwards due to a structural tightening in supply, with global gold consumption averaging around 4,616 tons annually and central bank purchases exceeding 1,000 tons for three consecutive years [4] - Silver supply is projected to grow at a compound annual growth rate (CAGR) of only 1.2% from 31,529 tons in 2024 to 32,666 tons in 2027, while demand is expected to grow at a CAGR of 2.9%, leading to an expanding supply-demand gap [6] Group 3: Specific Metal Insights - Platinum is anticipated to maintain a structural supply shortage, with a projected supply gap of 39 tons in 2025 due to weak mining supply and slow recovery in demand [7] - The demand for platinum jewelry is expected to recover due to high gold prices, while industrial demand remains resilient despite potential impacts from U.S. tariff policies [7] - The ongoing structural improvements in silver supply-demand dynamics and the increase in liquidity premiums are likely to support higher silver pricing [6]

证券日报网讯 12月16日，盛达资源在互动平台回答投资者提问时表示，截至2025年12月10日，公司股 东人数为36369户。 （文章来源：证券日报） ...

Core Viewpoint - The company has provided details regarding the expected reserves and grades of metals from its recently acquired Yichun Jinshi Mining, along with projected annual production and necessary infrastructure investments for future mining operations [1] Group 1: Mining Reserves and Grades - The estimated resource amount for the 460 Highland Copper Molybdenum Mine includes a total ore volume of 99,600.7 million tons, with copper metal estimated at 1,540,872 tons and molybdenum metal at 460,979 tons [1] - The equivalent copper metal amount is projected to be 3,895,306 tons, with average grades of 0.15% for copper and 0.046% for molybdenum, and an equivalent copper grade of 0.39% [1] Group 2: Future Operations and Licensing - The company is currently in the process of transferring exploration rights to mining rights for the 460 Highland Copper Molybdenum Mine and will need to obtain various permits, including project approval, safety production license, water use permit, and pollution discharge permit to proceed with mining operations [1] - The company will fulfill its information disclosure obligations in accordance with regulations as progress is made in obtaining the necessary mining rights [1]

盛达金属资源股份有限公司章程 二〇二五年十二月 1 | | | | | | 第一章 总则 第一条 为维护盛达金属资源股份有限公司（以下简称"公司"、"本公司"）、 股东、职工和债权人的合法权益，规范公司的组织和行为，根据《中华人民共和 国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简 称"《证券法》"）和其他有关规定，制定本章程。 第二条 公司系依照《公司法》和其他有关规定成立的股份有限公司。 公司经广东省经济体制改革委员会粤股审[1994]110号文批准以定向募集方 式设立，在广东省揭西县工商行政管理局注册登记，取得营业执照。2012年5月 30 日 在 北 京 市 工 商 行 政 管 理 局 重 新 登 记 注 册 ， 统 一 社 会 信 用 代 码 为 911100002311243934。 第三条 公司于1996年8月1日经中国证券监督管理委员会（以下简称"中国 证监会"）证监发字[1996]137号文批准，首次向社会公众发行人民币普通股1,500 万股，其中包含内部职工股112.5万股，于1996年8月23日在深圳证券交易所上市。 第四条 公司注册中文名称：盛达金属资源股份有限 ...

盛达金属资源股份有限公司 股东会议事规则 盛达金属资源股份有限公司 股东会议事规则 （2025年修订） 第二条 公司股东会的召集、提案、通知、召开等事项适用本规则。 第三条 公司应当严格按照法律、行政法规、本规则及《公司章程》的相关 规定召开股东会，保证股东能够依法行使权利。 公司董事会应当切实履行职责，认真、按时组织股东会。公司全体董事应当 勤勉尽责，确保股东会正常召开和依法行使职权。 第四条 股东会分为年度股东会和临时股东会。年度股东会每年召开一次， 应当于上一会计年度结束后的 6 个月内举行。 （一）董事人数不足《公司法》规定人数或者《公司章程》所定人数的 2/3 时； （二）公司未弥补的亏损达实收股本总额 1/3 时； （三）单独或者合计持有公司 10%以上股份的股东请求时； （四）董事会认为必要时； 第一章 总则 第一条 为规范盛达金属资源股份有限公司（以下简称"公司"）行为，保 证股东会依法行使职权，根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规 则》及《盛达金属资源股份有限公司章程》（以下简称"《公司章程》"）的规 ...